Altcoins Lose About $200 Billion Since Late September as 70% of Binance Tokens Fall Below 200-Day Average
CryptoQuant analyst Darkfost says altcoin market value has dropped roughly $200 billion since late September, wiping out about two-thirds of the late-summer rally. Around 70% of Binance-listed altcoins now sit below their 200-day moving average, up from about 10% a month ago. Bitcoin, near $76,000, is hovering a few thousand dollars above its own 200-day line.